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The Valley of Despair

  • Article
  • Mar 12, 2023
  • #CentralBank #Finance
Michael Green
@profplum99
(Author)
michaelwgreen.substack.com
Read on Substack
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1 Mention
Well, I did say I’d keep writing on passive IF I didn’t get distracted… and unfortunately, in our ADHD world, we had a busy week. I got back from Europe late last night (really this... Show More

Well, I did say I’d keep writing on passive IF I didn’t get distracted… and unfortunately, in our ADHD world, we had a busy week. I got back from Europe late last night (really this morning) and this week’s note is briefer than I had hoped due to time constraints. I know… excuses excuses… everyone has them. I absolutely promise I’ll keep writing on passive, and I very much appreciate the feedback in the comments last week — especially the skeptics. Your pushback is invaluable in helping me formulate my work in a manner that conveys the depth of the analysis that has been done.

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Balaji Srinivasan @balajis · Mar 12, 2023
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and I independently came to the same conclusions from looking at the data, and we don't normally agree. You should read his excellent piece.
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